Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Sophon starts the Farming phase, and you can pledge assets to get SOPH

Sophon starts the Farming phase, and you can pledge assets to get SOPH

CointimeCointime2024/06/19 04:10
By:Cointime

Sophon, a modular blockchain based on ZKsync, has announced the start of its Farming phase. Participants can now stake certain assets to earn SOPH. 10% of the total supply of SOPH will be distributed as rewards during the Farming phase, including 6% on Ethereum and 4% on the Sophon mainnet. The initial assets available for staking are BEAM and BEAM/ETH LP, with plans to add more assets soon. Participants can earn Sophon points (SP) based on the length of their staking, activated boosters, and deposit amount, which will qualify them for the SOPH airdrop. The Sophon airdrop is planned to launch in the third quarter.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

US stocks head into holiday week with history on their side

Let’s take a look at how US equities typically perform this time of year and what we might see in the coming days

Blockworks2024/11/27 03:33

Cardano implements first ZK smart contract

Share link:In this post: Cardano has deployed its first zero-knowledge smart contract on the mainnet through the use of the Halo 2 zkSNARKs. The technology allows for secure and private verification of computations with the help of the network without disclosing sensitive information. ADA recently crossed the $1 level and went as high as $1.15 before a 17% drop.

Cryptopolitan2024/11/27 03:33